LRLCY Loreal Co (PK)

1259 GMT- L'Oreal is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, after the company posted third-quarter sales that beat analysts' expectations. Sales at the French cosmetics and consumer-products company rose to EUR9.58 billion in the quarter, from EUR8 billion a year prior. This beat analysts' estimates of EUR9.05 billion. However, the luxe division disappointed, according to Jefferies analysts, as growth slowed by 4.6% due to lockdowns in China. Dow Jones & Co. owns Factiva. (cecilia.butini@wsj.com)

(END) Dow Jones Newswires

October 21, 2022 09:16 ET (13:16 GMT)

Loreal (PK) (USOTC:LRLCY)
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Loreal (PK) (USOTC:LRLCY)
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